A 50/50 joint venture between France’s Technip and Brazil’s Techint has been awarded a “substantial” but unspecified value contract by Petrobras subsidiary PNBV for the topside construction and integration, commissioning and startup assistance of the P-76 FPSO destined for the deepwater Santos Basin offshore Brazil.
The Floating Production, Storage and Offloading unit will eventually produce 180,000 b/d of oil and 7 MMcm/d of gas from the pre-salt. Technip’s operating centre in Rio de Janeiro will perform the project management, engineering and procurement, it said.
The 24,000-ton modules fabrication, integration and commissioning will be performed in Techint’s yard in southern Brazil. The project is scheduled to be completed by mid-2017.
The project will require approximately 70% of Brazilian local content, said Technip.
Technip added it generally it estimates “substantial” offshore contracts as ranging in value from Euros 250-500m.
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